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Super fascinating. Wasn't aware that the suggested CO2 tax was this high. This is the order of magnitude we need to aim for, in order to make CO2 removal and re
by marvin 6y ago
Super fascinating. Wasn't aware that the suggested CO2 tax was this high. This is the order of magnitude we need to aim for, in order to make CO2 removal and reduction of CO2 emissions properly profitable.
I get the impression that the tax is to be levied on the entity that emits CO2 to the atmosphere, not the fuel producer?
What's also encouraging is that it's the right party fronting this suggestion. It's not a fringe left-wing environmental party.
- magicalhippo 6y ago> I get the impression that the tax is to be levied on the entity that emits CO2 to the atmosphere Yes that seems to be the case[1]. > It's not a fringe left-wing environmental party. Indeed, so will be interesting times ahead. Not unsurprisingly Norway has a very oil-oriented industry, which obviously did not think too highly of this proposal. There's lots of talk about transitioning to a "greener economy" but precious few concrete proposals about how to turn those jobs green. So yeah, interesting times ahead. [1]: https://www.regjeringen.no/no/tema/okonomi-og-budsjett/skatter-og-avgifter/veibruksavgift-pa-drivstoff/co2-avgiften/id2603484/ https://www.regjeringen.no/no/tema/okonomi-og-budsjett/skatt...